Page Hire Part of G&E Plan

In his new position, Page will help institutional clients "in a consultant and ultimately disposition role," he comments. The clients in question will include institutions, banks and other entities that are involved with lending, restructuring and even foreclosures. Page says he's valuing several assets at this time, with plans to bring them to market later.

Page tells GlobeSt.com that Grubb & Ellis Texas managing director Moody Younger approached him about a possible position. Though Page wasn't looking to make a change, he listened. "The more he talked, the more intrigued I became with the new platform," he says. "With what's happening in the economy, and especially in commercial real estate, you have to be in front of everything and prepare. That's what Grubb & Ellis is doing."

Younger tells GlobeSt.com that the new hires continues the company's statewide growth strategy, which is focused on putting seasoned brokers in key spots in all four Texas cities. The two new additions will boost the company's investment office investment platform in Houston. "We'd like to beef up our investment platform across the state," Younger explains. "We already have Scott Farber, who's doing a great job with office in Dallas, and George Cushing down in Houston, who's doing great in retail."

But Younger, who launched his strategy in mid-2008, says he isn't finished with hires just yet He wants to beef up the multifamily group statewide. He also wants to develop an institutional industrial presence. Other areas to grow will include tenant representative services, mortgage brokerage and corporate services.

"This is a great time to do this because the markets are slow and people have an interest in talking at times like this," Younger says. "If we hustle and keep our heads down, it's also a great time to gain market share."